Most writings on economic growth have focused on industrialization and increasing industrial productivity. This traditional approach neglects the role of marketing in stimulating economic growth via increasing productivity in all sectors of the economy and in integrating segmented markets in developing areas. Marketing by integrating the large rural sector into the national market converts a static system into a dynamic system.
CITATION STYLE
Arif, T. (2015). The Role of Marketing in Economic Development. In Developments in Marketing Science: Proceedings of the Academy of Marketing Science (p. 536). Springer Nature. https://doi.org/10.1007/978-3-319-16946-0_128
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